Entries by Marshall Egelnick

Your company is growing fast. Is it time to fire yourself?

Thank goodness for the so-called ‘unicorns’ of the knowledge economy. They’re the ones powering innovation, transforming markets—or creating entirely new ones—and helping their CEOs become ultra-wealthy rock star business luminaries along the way. But sometimes when their companies grow quickly, those magazine cover-worthy leaders run smack into an insurmountable wall of managerial challenges. That’s when […]

What does the federal carbon tax really mean for your business?

The first week of the federal election campaign, most pundits griped, was a notably dull affair. At least until Time magazine published ‘brown face’ photos of Prime Minister Justin Trudeau. That’s when the horserace to elect our next government got interesting. Whether the PM survives the scandal remains to be seen. But when the dust […]

From Brexit to trade wars, 2020 is shaping up to be a tough year for Canadian CEOs

If there were enemies of growth for any medium-sized business, risk and uncertainty would surely top the list. It’s fair to say they’re probably entrepreneurs’ main adversaries in the current macroeconomic climate. That’s because business owners are facing unusually high levels of business complexity that are poised to rise further in the months ahead. Worse, […]

The collapse of Jamie Oliver’s restaurant empire reveals the naked truth about over-expansion

You have to feel for Jamie Oliver. The British celebrity chef has endeared himself to audiences the world over with his innovative twists on everything from traditional English fare to Italian staples. He’s advocated tirelessly for improvements to school cafeterias and nutrition for children. His restaurant Fifteen was designed to teach cooking skills to troubled […]

Want to kick start business growth? Learn how to delegate

Hopefully you’re reading this article on a dock in Muskoka, feet up, beverage in hand while taking in views of a pristine lake. Maybe you’re enjoying the fruits of your entrepreneurial labour and taking some summertime downtime. But if you’re like so many business owners who have grown their companies past the medium-sized threshold—usually defined […]

Entrepreneurs can take management lessons from Masai Ujiri and the Toronto Raptors

Now that the dust has settled on the Toronto Raptors’ incredible NBA Championship run—four series of excitement that saw our city’s basketball team net its first ever Larry O’Brien Trophy— the sport’s top pundits are analyzing how the denizens of The North managed to achieve that seemingly elusive goal. Many entrepreneurs are taking a similar […]

Royal infant’s U.S. tax issues a reminder to Canadian entrepreneurs to think twice before becoming Americans

For so many people around the globe, U.S. citizenship is a highly vaunted status symbol, even a ticket to success. While the validity of that perception is debatable, many businesspeople, including Canadian entrepreneurs, do glean some advantages when holding a U.S. passport. Unfettered access to the world’s largest marketplace would, of course, be the main […]

What’s the difference between tax avoidance and tax evasion?

In recent weeks we saw the publication of a landmark investigation into U.S. President Donald Trump’s business dealings surrounding the sweeping real estate empire built by family patriarch Fred Trump, all the way up to the present-day management of the business under Trump scions Donald Jr. and Eric. Indeed, the venerable New York Times declared […]